This role is also responsible for aged inventory reporting and management, including efforts to reduce aged and obsolete inventory of both finished goods and raw materials, and managing the finance tracking for our obsolete inventory accrual. Plan and monitor execution of finished goods transfer orders/inventory rebalancing, facilitating effective communication and follow through with Logistics to optimize on time delivery.
Numbers & Facts
Location
East Hanover, NJ
Description
Oversee deployment of finished goods to 3PL and maintain the accuracy of inventory records for finished goods at all sites (Co-mans, 3PL and D2C). This includes necessary transactions to convert materials into finished goods, cycle count verification, physical inventory counts and data analysis. This role is also responsible for aged inventory reporting and management, including efforts to reduce aged and obsolete inventory of both finished goods and raw materials, and managing the finance tracking for our obsolete inventory accrual.
Responsibilities:
Manage finished goods PO issuance and Receiving process
Oversee accuracy and timeliness of daily inventory transactions in NetSuite
Drive appropriate actions to manage inventory accuracy and visibility through partnership with internal and external resources
Plan and monitor execution of finished goods transfer orders/inventory rebalancing, facilitating effective communication and follow through with Logistics to optimize on time delivery.
Review and alert on shortage risks at location level with alignment from Lead Production Planner/Scheduler
Lead reconciliation of invoices with AR
Lead and support timing and execution plan for month and quarter end inventory close
Ensure new item set up and BOMs are created accurately in NetSuite
Lead the inventory accrual process, including disposition of aged product (liquidation, donation and destructions)
Qualifications:
College Degree or 2 years work experience in similar field required.
Must be able to communicate, read & write effectively in English
Strong sense of urgency in matters related to the health of the business